FOR IMMEDIATE RELEASE

Powerful Browser-Based Solution Enables Container Terminal Community to Access Data and Conduct Business Transactions On-Line

OAKLAND, CA (January 22, 2002)--Navis LLC, the world's leader in container handling software solutions, today announced the launch of WebAccess, a new application that provides all members of the port/terminal community with a Web-browser interface for entering and accessing real-time container information and reports. Shipping lines, trucking companies, railroad operators, agents, consignees and government agencies will benefit from the ability to securely access and update their container information through the Internet, using information managed by Navis' SPARCS and EXPRESS integrated terminal software.

WebAccess enables terminal customers to accomplish many business transactions with the terminal on-line through a standard Web browser and keep updated as containers arrive, move through, and leave the gate. Terminal customers have the power to access terminal transaction data, as well as a wide range of real-time container information, including load and discharge lists and stowplans. WebAccess features the ability for trucking companies to schedule appointments and verify and clear outstanding demurrage charges on a container before a truck arrives for pickup. In addition, demurrage payments can be made on-line via WebAccess either on terminal credit or by credit card secured by VeriSign™, streamlining gate operations.

Terminals will benefit from improved customer service capabilities using WebAccess, with simple, immediate 24-hour Web-browser access to vital information. Terminal customers are assured that the data available through WebAccess is accurate because it is updated in real-time, directly from the terminal system. Reports created with WebAccess are completely customizable to suit each terminal and its customers, using data from Navis’ powerful terminal management solution. In addition, WebAccess can be integrated with a terminal’s current Web site or be customized to reflect the terminal’s own company identity.

After successful implementation in October, 2001, WebAccess is in production use at P&O Newark Container Terminal in New Jersey, USA. Several additional terminals will be adopting the technology in the next quarter.

“We are proud to continue Navis’ commitment to creating tools for increased terminal productivity with the launch of WebAccess,” said Erik Tiemroth, co-founder and executive vice president of Navis. “WebAccess is the conduit that enables information to move as fast as the freight.”

WebAccess EXPRESS Features

When WebAccess is used in conjunction with EXPRESS, Navis' terminal information management system, the following transactions can now be performed online:

• View Container Details: Access container history information, booking information and the delivery status and requirements for a container.
  
• View Truck Transaction Details: Access truck transaction information, such as container details, booking details, gate transaction documentation, and truck visit information.
  
• Pay Demurrage: View and clear outstanding demurrage charges for a container before a trucker arrives for pickup. Payments can be made either on terminal credit or by credit card using VeriSign™, a leader in credit card verification and transaction services.
  
• Schedule Appointments: Schedule appointments for container pick-up or drop-off.
  
• Transmit EDI: Download and upload files via EDI.
  
• View Vessel Details: View vessel schedules, as well as load and discharge lists.
  
• View Train Details: View details of all inbound and outbound trains and generate lists of all of their containers.
  
• Request Automatic Notification: Request to receive notification of any container event, such as a discharge, stripping, or pickup using the "notify me" feature. Within seconds after the event occurs, WebAccess notifies you by either e-mail or pager.
  
• Generate Container List Reports: Customize container list reports using filters and formatting.
  

Other Key Features

• High Security: WebAccess features login/password protection and usage reporting.
  
• Localization: WebAccess can be localized to support any language.
  
• Data extraction into Excel: Define data extracts to be downloaded to Microsoft^® Excel or another spreadsheet program.
  
• Client customization: The WebAccess interface is easy to modify using standard Web design software.